Benchmarks ended higher on Wednesday primarily boosted by encouraging industrial production data and better-than-expected Chinese economic data
In what could be a big win for opponents of genetically modified organisms, Vermont is one step closer to signing into law legislation that would require food companies to label products that contain GMOs in the Green Mountain State.
The Vermont Senate passed a bill on Wednesday that would make it the first U.S. state to enact mandatory labeling of foods made with genetically modified organisms, or GMOs. Unlike bills passed last year in Maine and Connecticut, which require other states to pass GMO labeling laws before they can be enacted, Vermont's contains no such trigger clause. Vermont's effort comes as the developers of genetically modified crops and the $360 billion U.S. packaged food industry push for passage of an opposing bill introduced in Congress last week that would nullify any law that would require labeling of foods made with genetically modified crops. GMO labeling is just one front in an increasingly high-stakes food fight raging in the United States, where consumers increasingly are demanding to know where their food comes from and how it was produced.
On Apr 15, 2014, we issued an updated research report on Monsanto.
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